India is positioned as the leading destination for retail investment*. With the saturation in western retail markets, large western retailers like Wal-Mart and Tesco have plans to enter the Indian market. Indian retail giants like Reliance and the Future Group are captalising on the booming retail space.

India's retail industry accounts for 10 percent of its GDP and 8 percent of the employment, and is expected to reach $ 17 billion by 2010. About 300 new malls, 1,500 supermarkets and 325 departmental stores are being built across India, which are either operational, or will be operational very soon.

With the shopping revolution in the country, a large population between 20-34 age groups in the urban regions has boosted demand to Rs 95,827 (USD 2,400) per capita purchasing power. India has seen huge unprecedented opportunities for budding entrepreneurs to venture into new businesses with leading retailers across the country.

*Source: Global Retail Development Index.